New Delhi: Moody’s Ratings on Friday sharply raised India’s GDP growth forecast for the fiscal year to 7 per cent — the fastest growth rate among all G20 economies– aided by economic resilience in the face of Middle East conflict but flagged risks to inflation from elevated oil prices and El Niño. In a statement…
Aggregate dust settled into the deep creases of worn leather boots at the Greater Noida exhibition grounds as the afternoon heat forced a quiet, pragmatic reckoning among fleet owners who have spent three decades buying machinery on pure instinct. The polite corporate jargon of the opening days evaporated entirely under the heavy glare of the…
There was something slightly deceptive about the Ammann display at bauma CONEXPO INDIA 2026. At first sight, it looked like a familiar road-construction equipment showcase, with pavers, rollers and asphalt technology occupying much of the visual space. After spending a little more time there, however, the composition began to suggest something broader. Five new products…
Mumbai: Tata Sons Ltd’s board on Thursday approved a fresh five-year term for N Chandrasekaran as executive chairman and set in motion the process to list the group’s holding company — decisions that Tata Trusts said were “illegal”. The board’s roughly three-hour meeting in Mumbai on Thursday came weeks after Chandrasekaran, 63, told directors in…
Mumbai: The Reserve Bank of India (RBI) on Thursday accepted bids worth Rs 50,000 crore in the first tranche of its open market operation (OMO) sale of government securities, as it stepped up efforts to absorb surplus liquidity from the banking system. The RBI accepted Rs 7,005 crore of the 7.59 per cent government securities…
Mumbai: The Reserve Bank of India (RBI) on Thursday absorbed Rs 2.40 lakh crore through variable rate reverse repo (VRRR) auctions from the banking sector amid huge surplus liquidity. The central bank received bids worth Rs 2,39,959 crore, which it accepted fully, at a cut-off and weighted average rate of 5.24 per cent. The RBI…
Walking through SCHWING Stetter India’s Outdoor Stall F01 at bauma CONEXPO INDIA 2026, the first impression came from the sheer spread of equipment. Twenty-seven concreting and construction solutions occupied the display, the company’s largest showcase at the event, covering batching, transportation, pumping, placement, self-loading, crushing, recycling and specialised applications. The second impression was less obvious….
New Delhi: The government has cut the windfall gains tax on export of petrol, diesel and ATF for the fortnight beginning September 16. The rate of special additional excise duty (SAED) along with road and infrastructure cess on export of diesel is now Rs 20 per litre, down from Rs 25 per litre. SAED on…
One of the more interesting aspects of Caterpillar’s presence at bauma CONEXPO India 2026 is that the three machines launched at the show tell only part of the story. The Cat 355 Hydraulic Excavator, Cat D5 Dozer and Cat 120 GC Motor Grader address three different areas of application — mining and heavy infrastructure on…
The second day at Greater Noida revealed a subtle shift across the infrastructure equipment industry. While trade shows traditionally celebrated brute horsepower, sheer tonnage and machine size, much of the conversation on September 16 centred on operational efficiency, digital intelligence and longer equipment life. Conversations across the exhibition moved beyond the initial acquisition price towards…
